Economy

Economy on aldianews.com

Kenney gana la batalla

 01/20/2017 - 14:04
Kenney gana la batalla
Spanish

A pesar de las amenazas de Comcast de que la ciudad sería demandada por la ley, el Alcalde Kenney ha compartido que firmará la legislación contra la discriminación salarial que fue introducida en el Ayuntamiento y que se encuentra bajo revisión.

“Podremos ser demandados o no”, dijo Kenney a una multitud a las afueras del Ayuntamiento, “pero el Consejo ha aprobado esta medida por voto unánime, y no veo una razón por la cual no deba firmarla”.

Posted Date: 
Thursday, January 19, 2017 - 5:18pm
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George Soros: Donald Trump is 'would-be dictator'

 01/20/2017 - 03:27
English

At the World Economic Forum in Davos, Switzerland, billionaire investor delivered bleak Brexit forecast and said Donald Trump is ‘gearing up for trade war’ but will fail, reports The Guardian.

Posted Date: 
Friday, January 20, 2017 - 3:08am
Main Section: 
Caption: 
George Soros at the Festival of Economics 2012 in Trento. The billionaire thinks President-elect Donald Trump will fail. Photo: Wikimedia Commons

Kenney wins the war over wage discrimination bill

 01/19/2017 - 17:25
Kenney wins the war over wage discrimination bill
English

Despite threats from Comcast that the city would be sued for the bill, Mayor Kenney shared that he will sign the wage discrimination legislation that was passed by City Council and under law review.

"We may get sued, we may not," Kenney said to a crowd outside of City Hall. "But Council passed this measure by unanimous vote, and I see no reason why I shouldn't sign it."

Posted Date: 
Thursday, January 19, 2017 - 5:18pm
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Defaulting Risks: Wage Theft puts Philly Workers in Weak Situation

 01/19/2017 - 03:49
English

Throughout Philadelphia and the nation, an epidemic of wage theft leaves workers wondering why they’re not getting what’s owed them, reports The Philadelphia Citizen.

Posted Date: 
Thursday, January 19, 2017 - 3:29am
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Caption: 
Wage theft leaves thousands of Philly workers struggling to get paid what's owed them. Photo: Annette Bernhardt/Wikimedia

Fear Inside the Maquiladoras

 01/18/2017 - 02:14
English

Concerns about the policies to be pursued by the incoming Trump administration have caused a freeze on new investment in maquiladoras on the Mexican side of the border, where thousands of workers in that industry face an uncertain future.

Posted Date: 
Wednesday, January 18, 2017 - 2:02am
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Plain Text Author: 
EFE
Caption: 
New maquiladora investment on hold in northern Mexico amid Trump fears. A man passes a maquiladora with a job vacancy sign in Ciudad Juarez, Mexico, 17 January 2017. EFE/Alejandro Bringas

The German Duel: BMW Stands up to Trump with Mexico Commitment

 01/17/2017 - 02:18
English

Ignoring Trump's border tax threats, the well-known German automaker has announced it will start producing its BMW Series 3 in its new plant in San Luis Potosí (Mexico) in 2019.

Posted Date: 
Tuesday, January 17, 2017 - 1:54am
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Caption: 
The German automaker has announced it will start producing its BMW Series 3 in its new plant in San Luis Potosí (Mexico) in 2019. Photo: EFE

Philadelphians at Work

 01/16/2017 - 03:21
English

This week, The Atlantic "Americans at Work" photo essay features photographs of the daily lives and spaces of workers in Philadelphia's Municipal Offices, made by photographer Ryan Collerd.

Posted Date: 
Monday, January 16, 2017 - 3:12am
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Caption: 
Philadelphia City Hall. Photo: Wikimedia/Antoine Taveneaux

The Tortilla Rebellion

 01/16/2017 - 02:46
English

After Gasolinazo, the rising price of tortillas piles pressure on Mexico, reports The Financial Times

Posted Date: 
Monday, January 16, 2017 - 2:22am
Main Section: 
Caption: 
If the cost of the Mexican food staples such as tortillas, eggs, milk and chicken start to soar, an already unpopular government can expect protests in a country where nearly half the population lives in poverty. Photo:Wikimedia/Commons

What Does Exactly Putin Want from Trump?

 01/16/2017 - 02:20
English

Putin's world is the world of Trump, a world where national interests are replaced by international rules and customs.

Posted Date: 
Monday, January 16, 2017 - 1:59am
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Caption: 
Russian President Vladimir Putin attends a Christmas service at the St. George's Monastery, Novgorod Region, Russia, early 07 January 2017. Russian Orthodox church celebrates Christmas following the Julian calendar. (Rusia) EFE/EPA/MIKHAEL KLIMENTYEV/SPUTNIK/KREMLIN POOL 

US Indicts Six VW Executives in Emissions Scandal

 01/12/2017 - 03:20
The Volkswagen Stand at the New York Auto Show on March 2016. Photo: EFE/Justin Lane
English

Federal prosecutors announced criminal charges on Wednesday against six Volkswagen executives for their roles in the company’s emissions-cheating scandal. The automaker is set to pay $4.3 billion in criminal and civil penalties.

Posted Date: 
Thursday, January 12, 2017 - 3:06am
Main Section: 
Caption: 
The Volkswagen Stand at the New York Auto Show on March 2016. Photo: EFE/Justin Lane

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 In cities like Los Angeles, renters in white communities spend 50 percent of their income on rent — well above the recommended 30 percent, but still far less than renters in Hispanic neighborhoods, who pay a premium of 63 percent.
AL DIA News

Renters living in predominantly Hispanic or black neighborhoods have to spend more of their income on rent than those in white communities. Devoting nearly half of one’s income to rent each month makes economic mobility that much harder as well.